Holding in Company

Martin Currie High Income Trust PLC
29 May 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

Martin Currie High Income Trust plc

2)   Name of shareholder having a major interest

BFS Income & Growth  Trust plc

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

As in 2 above

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

HSBC Global Custody Nominees Ltd

5)   Number of shares/amount of stock acquired



6)   Percentage of issued class



7)   Number of shares/amount of stock disposed

813,008

8)   Percentage of issued class

2.17%

9)   Class of security

Ordinary shares 25p


10)  Date of transaction


24 May 2001


11)  Date company informed

29 May 2001

12)  Total holding following this notification
2,274,492



13)  Total percentage holding of issued class following this notification

6.065%

14)  Any additional information



15)  Name of contact and telephone number for queries

Marie Allan 0131-479-5936

16)  Name and signature of authorised company official responsible for
     making this notification

     Date of notification ......29 May........2001.....